Answer:
The attached shows the journal entries in respect of Novark Corp. transactions for the month of October.
Every transaction has two impacts-debit and credit
Explanation:
Journal is a book of prime entry where transactions that cannot be posted to other books of original entry are treated.
Journal entry also observes the duality concept of accounting where each transaction in two accounts,for every debit,there is corresponding credit and vice versa.
Journal can also be used to correct errors made while posting to books of account.
Answer: A project charter contains:
- Project manager assigned, his responsibility and authorization level.
- Project Objectives
- Project justification.
- Project general description.
- High level requirements
- High level risks.
- Summary of the most important milestones in the schedule.
- Budget Summary
- List of Stakeholders or stakeholders of the Project.
- Requirements for project approval.
- Name and level of authorization of the Sponsor or the person authorizing the Project Charter.
The important thing with the generation of this document is that there is a formal record of the initiation, limits and completion of the project being of great importance for its success.
In this way, with all this information established with security, it allows the manager to obtain funds from third parties for the realization of the project.
Abstract
This study investigates the critical dimension of factors driving restaurant choice among 277 consumers, predominantly residents of the Southeastern United States. The food provided (quality, taste) was central to respondents' decision to favor one restaurant over another, though prior positive experience, a clean production/service environment, and hospitable service are additional factors that most strongly influenced restaurant choice.
Answer:
(a) Excess reserves = 200
(b) Monetary base (B) = 900
(c) Money multiplier = 10
Explanation:
Assuming that the required reserve ratio (missing in the question) is 0.1:
(a) Excess reserves = Reserves - Required reserves
Reserves = 400
Required reserves = Deposits x Required reserve ratio
= 2000 x 0.1
= 200
Hence, Excess reserves = 400 - 200
= 200
(b) Monetary base (B) = Reserves + Currency
= 400 + 500
= 900
(c) Money multiplier = 1 / Required reserve ratio
= 1 / 0.1
= 10
<u>Answer:</u>
<u><em>Lifestyle</em></u>
<u>Explanation</u>:
Note that Consumer A enjoys hunting and fishing, while Consumer B likes toplays golf weekly. Put simply, their lifestyle financially is what segments them altogether because they differ in what each likes.
Remember, Market segmentation involves dividing a market of consumers by a marketer into groups based on certain attributes such as their lifestyle, buying behaviour etc.
